TLV: ARAD Company Description

Arad Investment & Industrial Development Ltd., together with its subsidiaries, engages in the provision of IT solutions and services in Israel and internationally.

It markets and sells computers, peripheral equipment, infrastructure software, storage products, central computers, and communication products; provides infrastructure services, platforms and cloud software as a service, information security, and cyber services; consulting and planning integrated infrastructure solutions related to such products and services, and maintenance services; and software solutions, including development, consultation, planning, implementation, and integration for various projects in the field of ICT.

The company also offers payroll service bureau through various solutions for managing and investigating organizational information, including payroll, human resources, attendance, pension operation, and control services and systems for managing and operating long-term savings.

In addition, it is involved in investments in start-up companies; and develops an artificial intelligence platform.

The company was incorporated in 1963 and is based in Petah Tikva, Israel.

Arad Investment & Industrial Development Ltd.

Country	Israel
Founded	1963
Industry	Electrical Equipment & Parts
Sector	Industrials
Employees	4,716
CEO	Ilan Toker

Contact Details

Address: 53 Avshalom Gisin Petah Tikva Israel
Phone	972 3 927 8300

Stock Details

Ticker Symbol	ARAD
Exchange	Tel Aviv Stock Exchange
Fiscal Year	January - December
Reporting Currency	ILS
ISIN Number	IL0007310183
SIC Code	9997

Key Executives

Name	Position
Uri Salah	Chief Executive Officer of Malam Shachar
Shay Basson	Chief Executive Officer of Melam-Tim and CEO of Tim Netcom and Melam Systems
Adi Dana	Chief Executive Officer of Yeshers
Avi Norman	Chief Executive Officer of Malam-Team
Ilan Toker CPA	Chief Executive Officer
Elder Brockmeyer	Chief Financial Officer
Geller Johnatan	Attorney General and Company Secretary